Question: Explain how an increase in the money supply affects the interest rate, investment, and income. How do the Keynesians and the monetarists differ in their

  • Explain how an increase in the money supply affects the interest rate, investment, and income. How do the Keynesians and the monetarists differ in their views on this?

  • Discuss using graph (if possible) and explanation:

How does a surplus of money disappear in the money market?

  • Discuss the effectiveness of Fiscal Policy and Monetary Policy. Also discuss in your opinion based on what you learned in this class, which policy is best to respond to the COVID-19 pandemic?

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